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Snap’s stock (NYSE: SNAP) has lost approximately 76% YTD as compared to the 12% drop in the S&P500 index over the same period. The weekly price is located below Ichimoku cloud in the bearish area of the chart. The price on secondary ranging within 9.34 support and 16.55 resistance levels waiting for the direction of the rally to be started or the bearish trend to be continuing.

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But making Johnson & Johnson an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of JNJ entered into oversold territory, changing hands as low as $167.41 per share.

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Microsoft’s stock (NASDAQ: MSFT) has lost approximately 16% YTD as compared to the 14% drop in the S&P500 index over the same period. The weekly price broke yearly Pivot level to below for the primary weekly bearish reversal: the price was bounced from the first pivot support level to above for the secondary rally to be started. The key level for the possible bullish trend to be resumed is 299.50 as the yearly pivot level now.

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22 months ago Palantir went public at $10 a share. With a slow growth forecast, the stock is back where it started and could fall more. The weekly price is testing the bullish triangle pattern to above together with resistance level at 11.62 for the possible bear marker rally to be started.

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Bristol Myers Squibb stock (NYSE: BMY) reported its Q2 results last week, with revenue and earnings coming in above ours and the street estimates. The weekly price is on ranging above 100 SMA and 200 SMA in the bullish area of the chart waiting for the direction of the strong trend to be started.

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